What Does Nonconcurrency of Coverage Triggers Mean?

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What does Nonconcurrency of Coverage Triggers mean? Read on to discover the definition & meaning of the term Nonconcurrency of Coverage Triggers - to help you better understand the language used in insurance policies.

Nonconcurrency of Coverage Triggers

Nonconcurrency of Coverage Triggers

A situation in which the coverage triggers in a primary policy differ from those in an excess or umbrella policy. Typically, this takes place when an umbrella policy is written on a claims-made basis and a primary policy is written on an occurrence basis.

We hope the you have a better understanding of the meaning of Nonconcurrency of Coverage Triggers.

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